Arbeitspapier
Asian regionalism versus global free trade: A simulation study on economic effects
This paper evaluates and compares the economic effects of global liberalization of world trade and regional integration scenario in which an Asian trading block is emerging. The evaluation is based on computable general equilibrium model GTAP (global trade analysis project) that has been widely used in analyses of big regime changes in world economy. The results show that global free trade is better for all regions in the investigation. Compared to the current trade regime, that does not hold since e.g. the new EU member states would be worse-off. The biggest winners of global free trade are Asian countries, Brazil and developing countries.
- Sprache
-
Englisch
- Erschienen in
-
Series: ETLA Discussion Papers ; No. 985
- Klassifikation
-
Wirtschaft
Economic Integration
Trade: Forecasting and Simulation
- Thema
-
free trade, regionalism, GTAP model
Handelsregionalismus
Freihandel
International
Allgemeines Gleichgewicht
Asien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sulamaa, Pekka
Widgrén, Mika
- Ereignis
-
Veröffentlichung
- (wer)
-
The Research Institute of the Finnish Economy (ETLA)
- (wo)
-
Helsinki
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Sulamaa, Pekka
- Widgrén, Mika
- The Research Institute of the Finnish Economy (ETLA)
Entstanden
- 2005